US Edition
Trump extends Mexico’s 25% tariffs for 90 days as talks continue
- President Claudia Sheinbaum and U.S. President Donald Trump announced a 90-day extension on trade negotiations to avoid a 30% tariff on Mexico scheduled for Friday.
- This extension resulted from ongoing dialogue and mutual respect that Sheinbaum emphasized was key to negotiating tariff reprieve amid Trump's earlier threats.
- Sheinbaum secured continued tariff rates on fentanyl , cars , and steel, aluminum, and copper without new commitments, while Mexico agreed to terminate non-tariff trade barriers.
- Senior Mexican officials praised Sheinbaum's negotiation skills, with Ebrard calling her handling 'splendid' and De la Fuente lauding her firmness and intelligence in dialogue with Trump.
- The agreement allows Mexico to maintain favorable trade relations with the U.S. amid positive economic trends and positions the country advantageously compared to other nations.
Insights by Ground AI
Does this summary seem wrong?
134 Articles
134 Articles
TRUMP ADMINISTRATION
·Cherokee County, United States
Read Full Article
Mexico tariffs paused for 90 days in order to strike trade deal
Mexican President Claudia Sheinbaum said on Thursday that she secured a pause on new tariffs coming into effect and a 90-day period to work on a trade deal during a call with U.S. President Donald Trump. The agreement avoids the 30% tariffs that had been set to come into force on Friday. Speaking in a regular press conference after the announcement, Sheinbaum said the pause safeguards the U.S.-Mexico-Canada Agreement (USMCA) and means goods comp…
Coverage Details
Total News Sources134
Leaning Left31Leaning Right11Center28Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 40%
R 16%
Factuality
To view factuality data please Upgrade to Premium
